11BST Prelim Multiple Choice 2017

Childcare facilities and house cleaning are best classified as which type of industry?

• Primary

• Secondary

• Quaternary

• Quinary

Which of the following is an entitlement for a casual employee?

• Regular working hours

• Sick leave and maternity leave

• Holiday leave and long service leave

• Fair pay and safe working conditions

Which of the following is an example of an internal source of finance for a business?

• Overdraft

• Mortgage

• Sale of asset

• Leasing

Which level of government regulates building regulations, trading hours and land zoning?

• Local

• State

• Federal

• International

Which type of income is paid to the shareholders of a business?

• Dividends

• Interest

• Profits

• Wages

Which business legal structure is listed on Australia’s Securities Exchange?

• Private company

• Public company

• Unincorporated company

• Government owned business

Steve won a large amount of money playing Lotto. The local newspaper printed an unpaid story about Steve and the shop where he purchased the winning ticket. This is an example of which type of marketing for the shop?

• Advertising

• Publicity

• Sales promotion

• Word of mouth

A small business owner has no staff and is legally responsible for all debts. Which of the following best describes this business structure?

• Partnership

• Private company

• Public company

• Sole trader

Which tax is levied by the NSW state government?

• Payroll tax

• Company tax

• Pay-as-you-go tax

• Fringe benefits tax

Which management approach utilises an autocratic leadership style and hierarchical organisational structure?

• Behavioural management approach

• Classical management approach

• Contingency management approach

• Political management approach